Author Archive

Acquisition Values and Optimal Financial (In)Flexibility

According to conventional wisdom, the deep pockets of an incumbent serve to deter entry. In large part, the theoretical basis for this view rests upon the model of Bolton and Scharfstein (1990), who show that an unconstrained cashrich incumbent can fund predation in order to increase the likelihood of venture capitalists terminating projects.

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mike

Contemporary Art

 

contemporary art

contemporary art

Post-modernists reject the idea that art can provide meaning. If life is meaningless, they say, fine – let’s not pretend that art can do better. Let’s just accept that it’s nonsense, like everything else, and get on with it. This new Post-Modernist philosophy thus triggered a whole new set of priorities, which were greatly facilitated by the coincident arrival of new technologies, like television, video, and

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mike

Paranormal Beliefs

spirituality

spirituality-Paranormal Beliefs

Paranormal beliefs and experiences are associated with  certain personality factors, including absorption, fantasy proneness, and the Myers-Briggs intuition and feeling personality dimensions. Skepticism appears to be associated with materialistic, rational, pragmatic personality types. Attitude toward psi may also be influenced by motivations to have control and efficacy, to have a sense of meaning and purpose in life, to be connected with others, to have transcendent experiences, to have self-worth, to feel superior to others, and to be healed. The efforts to obtain reliable control of psi in experimental parapsychology

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mike

Corporate Governance and Development

Corporate Governance and Development

Corporate Governance and Development

Definitions of corporate governance vary widely. They tend to fall into two categories. The first set of definitions concerns itself with a set of behavioral patterns: that is, the actual behavior of corporations, in terms of such measures as performance, efficiency, growth, financial structure, and treatment of shareholders and other stakeholders. The second set concerns itself with the normative

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mike

The Nature and Philosophy of Science

Philosophy of science

Philosophy of science

Introduction

Scientists are unbiased observers who use the
scientific method to conclusively confirm and conclusively falsify various
theories. These experts have no preconceptions in gathering the data and
logically derive theories from these objective observations. One great strength
of science is that it’s self-correcting, because scientists readily abandon
theories when they are shown to be irrational. Although such eminent views of
science have been accepted by many people, they are almost completely untrue.
Data can neither conclusively confirm nor conclusively falsify theories, there
really is no such thing as the scientific method, data become somewhat
subjective in practice, and scientists have displayed a surprisingly fierce
loyalty to their theories. There have been many misconceptions

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mike